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'<br />

I<br />

LP-1 ON 4<br />

L OVERLAP R LP-784 784.SP RP-1 ON 62<br />

1967 CORPORATION<br />

SOURCE BOOK OF STATISTICS OF INCOME<br />

ACTIVE CORPORATION INCOME TAX RETURNS, JULY 1967 JUNE 1968<br />

OALANCE SHEET, INCOME STATEMENT, TAX, AND INVESTMENT CREDIT RETURNS WITH AND WITHOUT NET INCOME ITEMS. BY INDUSTRY GROUP AND SY SIZE OF TOTAL ASSETS<br />

MINOR INDUSTRY 8010 1<br />

313<br />

ITEM<br />

(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS)<br />

Sondem,' 14180611anonui oandatet Mudloul<br />

SIZE OF TOTAL ASSETS<br />

servisae<br />

OVER ZERO 50 100 250<br />

TOTAL<br />

500 1 ,<br />

ZERO 000<br />

UNDER UNDER<br />

5.000 10,000<br />

UNDER 25.000<br />

UNDER<br />

50,000<br />

UNDER<br />

100,000<br />

ASSETS UNDER<br />

50<br />

UNDER<br />

100 250<br />

UNDER<br />

500<br />

UNDER<br />

11000<br />

UNDER<br />

5.000<br />

UNDER 250,000<br />

10.000 25.000 501000 100,000 250,000 OR MORE<br />

NUMBER OF RETURNS WITH AND WITHOUT NET INCOME<br />

1 TOTAL 10647 250 4735 1497<br />

2 WITH NET INCOME<br />

1964 1145<br />

7696<br />

792<br />

161*<br />

254<br />

3470<br />

BM 2<br />

3 WITHOUT NET INCOME<br />

1371 1540<br />

2951 89<br />

792 488<br />

1565<br />

167<br />

126*<br />

5*<br />

424 2 ■<br />

4 FORM 1120- S 2214 38*<br />

353 304<br />

1176<br />

07<br />

228*<br />

3*<br />

416 .<br />

, 227* 76* 53 . .<br />

S TOTAL ASSETS 1944564 ..<br />

6 CASH<br />

87149 112771 314818 394293 549228 406024 57698* 22583<br />

.<br />

■<br />

(<br />

159339 . 20532 22314<br />

7 NOTES AND ACCOUNTS RECEIVABLE<br />

33919 34427<br />

256969<br />

23649<br />

-<br />

21744 1602* 1072 .. -<br />

a<br />

18123 18419<br />

LESS1 ALLOWANCE FOR BAD<br />

64101 40665<br />

DEBTS 18153 . 48052 56562<br />

195*<br />

8518* 2529 .<br />

45* 11497<br />

.<br />

820*<br />

.<br />

9 INVENTORIES /9935<br />

1540<br />

-<br />

3517<br />

2102<br />

355* 184<br />

.<br />

2570 5816 3395 .<br />

INVESTMENTS IN GOVT. OLIO)<br />

2690 3362 . . ■<br />

811.<br />

10 UNITED STATES 5340 • • 296<br />

11<br />

■<br />

STATE AND LOCAL 059*<br />

2661* . 2375* 355* 1455* ■ ■ . 247*<br />

■ ■<br />

( 1312 1102*<br />

■<br />

12 OTHER CURRENT ASSETS<br />

40621 .. . .<br />

■ 3509 1841 .<br />

13 LOANS TO STOCKHOLDERS<br />

6171<br />

8570<br />

7511<br />

.<br />

11393 7458<br />

2768 614<br />

2157*<br />

815<br />

581 .<br />

2227*<br />

.<br />

14 MORTGAGE AND REAL ESTATE LOANS. 6934<br />

1314 777 . 55<br />

.<br />

■ .<br />

15 OTHER<br />

(51 1777 INVESTMENTS<br />

1726*<br />

•<br />

66656<br />

2268*<br />

-<br />

475<br />

2974<br />

688<br />

6874*<br />

-<br />

16 DEPRECIABLE ASSETS<br />

22169 2131 11452 * 13215 * 1576392 7416* 425<br />

■<br />

. .<br />

17<br />

60488 85226<br />

LESS! ACCUM DEPRECIATION<br />

233306<br />

400997<br />

326389 482245 341408 33724*<br />

■ 29182 36597 76010<br />

13606<br />

18 DEPLETABLE ASSETS 69233<br />

872<br />

100586<br />

-<br />

79285<br />

..<br />

5739*<br />

85 15)<br />

4365<br />

■<br />

19 LESS, ACCUM DEPLETION 213<br />

167<br />

574 -<br />

■ -<br />

20 LAND<br />

85 . 82 (5) -<br />

146509 .•<br />

-<br />

2107 7463<br />

.<br />

21 INTANGIBLE ASSETS (AMORTIZABLE)<br />

20089 31175<br />

10675 . 42782 27349<br />

964 149<br />

9115*<br />

1370<br />

6429<br />

22 LESS! ACCUM AMORTIZATION 4546<br />

2282<br />

2575 1071<br />

.<br />

262 46* 551 586 550 287<br />

t<br />

• 4 23 OTHER ASSETS 64690 2925 2212 12288 6380 24348 12922 1180* 2435<br />

24' TOTAL LIABILITIES 1944564 . 87149 112771 314818 394293 549228 406024 57698*<br />

i<br />

25 ACCOUNTS PAYABLE 121140 7133 11121<br />

22583<br />

26 MORT.. NOTES. BONDS UNDER 1 YR<br />

24019<br />

169248<br />

19527 32238<br />

8756<br />

24391<br />

5331 28460<br />

1593*<br />

31413<br />

1118<br />

27 OTHER CURRENT LIABILITIES<br />

50684 27723 14684*2197 .:<br />

110797 .. 9305<br />

28 LOANS FROM STOCKHOLDERS<br />

6472 25480<br />

76313<br />

20522<br />

.<br />

20655 24114 '1908* 2341<br />

f 5148 .<br />

29 MORT.. NOTES, BONGS OVER 1 YR••<br />

4819 11720<br />

917078<br />

24551<br />

-<br />

16585 8908 ■ 4582 .<br />

30<br />

8197<br />

.<br />

OTHER LIABILITIES<br />

28765 101438<br />

41872<br />

207846 339342<br />

■ 2987<br />

213884<br />

1627 10372<br />

12204* 5402<br />

7109 4638 14387 8<br />

31 CAPITAL STOCK 236934 - 27243<br />

572* 180<br />

.<br />

32 PAID-IN OR CAPITAL SURPLUS<br />

22975 46471<br />

48154<br />

47616 48405<br />

... 1594<br />

35491 7144* 1589<br />

33 RETAINED EARNINGS. APPROP<br />

1327 5493 5905<br />

5590<br />

11358 16046<br />

■<br />

466* (5)8<br />

6054* 377 .<br />

842* . 254 1607* 1033 - 1<br />

34 RETAINED EARNINGS, UNAPPROP.••• 228206 ■ 17440 33470 62449<br />

1388<br />

.11<br />

35 LESS1'COST OF TREASURY STOCK 10768<br />

32256 24570 41073 13539* 3409<br />

■ 1120* 3136* 1926 2706 854* 1026 - -<br />

36 TOTAL RECEIPTS<br />

f<br />

2608344 83118<br />

37 BUSINESS RECEIPTS<br />

476569 230131 588016<br />

2559465<br />

417900<br />

82387<br />

431609<br />

474499<br />

333235 31054* 16712<br />

INTEREST ON GOVT. 05LIGATIONS1<br />

226980 579674 411346 416483 324011 28599* 15486<br />

38 UNITED STATES<br />

11<br />

563 ■ (S) - 230 51* 83* 199 . - ■<br />

39 . STATE AND LOCAL 35* . - . (5) -<br />

■<br />

40 OTHER INTEREST 2763<br />

....<br />

131*<br />

35*<br />

332 - -<br />

.<br />

41 RENTS<br />

311 716 248<br />

' 19383<br />

495<br />

362*<br />

576 73* 12 ■<br />

42 ROYALTIES<br />

185* 1860 3612<br />

-<br />

3098<br />

5*<br />

2708 5047 1556* 955 ■ .<br />

■<br />

43<br />

■<br />

NET S..T CAP GAIN LESS L•T LOSS. • -<br />

141<br />

_<br />

•<br />

■ 40<br />

. 5*<br />

..<br />

... . .<br />

.<br />

44 93 .<br />

NET 1...7 CAP GAIN LESS S<br />

■ •<br />

■T<br />

■<br />

LOSS. 704 (5) ■ ■<br />

■ ■<br />

42<br />

'45 42<br />

NET GAIN, NONCAPITAL ASSETS•..•<br />

189* 49*<br />

256<br />

. 63* 239* 80 ■<br />

. 1 82* 42* 17*<br />

,It 46 DIVIDENDS, DOMESTIC CORPS 16*<br />

1343 -<br />

33* 38*<br />

7*<br />

27* . .-<br />

.<br />

47 DIVIDENDS, FOREIGN COW'S<br />

151 151* 453 16 770* 69*<br />

•<br />

(5) as<br />

-<br />

•<br />

■<br />

(<br />

. ■<br />

48 OTHER RECEIPTS 23686<br />

. - ■<br />

368* 1374 896 3032 3076<br />

•<br />

11037 3197 555* 151 ... O<br />

49 TOTAL DEDUCTIONS 2477441 77710 459850<br />

SO COST OF SALES AND OPERATIONS<br />

212751 555329 395817<br />

1454646<br />

420034 317819 22842* 15289 ■<br />

51<br />

18405<br />

COMPENSATION OF OFFICERS<br />

212394 128250 346326<br />

219283<br />

253049<br />

710*<br />

265163<br />

111036<br />

206764<br />

29203 13698* 10597<br />

52 REPAIRS 40741 15251 14456 6835 964* 87<br />

•<br />

(<br />

26313<br />

53 BAD DEBTS<br />

27* 3245 2394 8040 4944<br />

12216 1428*<br />

4341 2951<br />

452<br />

284* 87<br />

54 RENT PAID ON BUSINESS PROPERTY.<br />

53* 3569<br />

122341<br />

1577<br />

987*<br />

1140<br />

36692<br />

3462<br />

10179<br />

304* 231<br />

55 TAXES PAID . 48109 14969 6703 3893 330* 479<br />

O<br />

103754<br />

C 56<br />

4023<br />

INTEREST PAID<br />

13586 7605 22141 18432<br />

65618 1753*<br />

20327 15454<br />

1123 2293<br />

1381*<br />

8752<br />

805<br />

57 CONTRIBUTIONS OR 'GIFTS 1185<br />

14513 20650 14685 1362* 487<br />

58 AMORTIZATION<br />

(5)* 135 49 261 286<br />

...<br />

195 188 64* 7 .<br />

III<br />

728<br />

59<br />

(5)<br />

DEPRECIATION<br />

76 15 181<br />

94511<br />

166<br />

2327*<br />

206 81<br />

6682 7460 15754<br />

3<br />

60 DEPLETION<br />

18464 23666 17439 , 2031* 688<br />

61 ADVERTISING V<br />

7469<br />

1<br />

133<br />

62 PENSION. PROF SU•.ANNUITY PLANS<br />

1413 841 1515<br />

21115 - 1120 1514<br />

8472<br />

867<br />

3577*<br />

257*<br />

2772<br />

9<br />

63 OTHER EMPLOYEE BENEFIT PLANS 5801<br />

1532*<br />

645*<br />

935* 3513<br />

594 254*<br />

314* 64 NET LOSS. NONCAPITAL ASSETS..•• 1768<br />

1227<br />

623 956 824 137* -<br />

I<br />

214<br />

65 OTHER DEDUCTIONS<br />

.. 2 706<br />

341234<br />

16* , 268<br />

47058<br />

21*<br />

63950 20776 54694<br />

.<br />

50875 59514 40842 1716* 1809<br />

66 TOTAL RECEIPTS LESS DEDUCTIONS 130903 5408*<br />

67 CONSTR TAX INC FM REL FOR CORP(1)<br />

16719 17380 32687 22083 11575 15416 8212* 1423<br />

■<br />

68 NET INCOME (LESS DEFICIT)12)<br />

... - .. .. ■<br />

130868 5408 - . .<br />

69 NET INCOME<br />

16719 17380 32687 22083<br />

165836<br />

11575 15381 8212* 1423 .<br />

i 70 DEFICIT<br />

6193* 21641 18699 37195<br />

34968<br />

28707<br />

785<br />

23310 20443<br />

4922<br />

8225*<br />

1319 4508<br />

1423<br />

6624<br />

.<br />

RETURNS OTHER THAN FORM 1120-5,<br />

11735 5062 13*<br />

.. . .<br />

71 NET INCOME (LESS DEFICIT) 1<br />

I 72<br />

110757 5282* 10731<br />

STATUTORY SPECIAL DE05.1 TOTAL.<br />

13053 23748 16632<br />

15701<br />

14692 16984 8212* 1423<br />

. . . .<br />

73<br />

-<br />

NET OPERATING LOSS CARRYFRO<br />

1281 1561 1502<br />

14750<br />

3686 5132<br />

■ 1281<br />

2515 .<br />

1561 1287<br />

24 . .<br />

74 3670 4492<br />

.<br />

.<br />

DIVIDENDS RECEIVED' DEDUCTION. 951<br />

2459 .. ■<br />

-<br />

-<br />

■<br />

15) . 151* 215 . ■<br />

75 DED FOR 01V PD. PUB UTIL STK. 16 640* 56* .<br />

■ 24<br />

76 WESTERN HEMISPHERE TRADE OED. .. ...<br />

. ■ . .. . . .<br />

- - ■ ..<br />

77 INCOME SUBJECT TO TAX<br />

.<br />

■<br />

•<br />

119143 6067*<br />

..<br />

12907<br />

.. ..<br />

12812 25062 18371 17013 17288<br />

.<br />

78 INCOME TAX IBEF CREDITS), TO7(3). 41441 2616* 2851<br />

8225*<br />

3098<br />

1398<br />

79 SURCHARGE<br />

7709<br />

371<br />

6656 6266 7671 3934* 640<br />

■ (51 (5) 83<br />

.<br />

80 TAX RECOUP PRIOR YEAR INV. CR 16* 114 96 62* ••<br />

221 125* (5) 85* 1* .<br />

81 FOREIGN TAX CREDIT (5) (5)* (5)* 5* 5*<br />

■ ■<br />

82 INVESTMENT CREDIT . ■<br />

(5)<br />

■<br />

2914<br />

.<br />

80*<br />

.<br />

127 125<br />

. . ... . .<br />

83 NET INCOMECLESS DEF) AFTER TAX(4) 534 441 775 753 56*<br />

•<br />

92341 23<br />

4 .<br />

84<br />

2872 .<br />

NET INCOME AFTER TAX<br />

13995 14407 25512 .<br />

127394<br />

15868 6084 8463 4334* 806<br />

■<br />

85 ESTIMATED TAX PAYMENTS<br />

3742* 18917 15726 30020<br />

4002<br />

22492 17819 13525 4347*<br />

■ 3 (5)* 1<br />

806<br />

86 FORM 1120.5 NET INCOME (LESS DEF) 7 1134* 2829* 28<br />

(<br />

20111 126*<br />

DISTRIBUTIONS TO STOCKHOLDERS,<br />

5988 4327 8939 ' 5451* -3117* •.1603 .. -<br />

C<br />

(<br />

4<br />

I<br />

87 CASH 8 PROP EXCEPT OWN STOCK 28941 - 4908 3470 ■<br />

88 CORPORATION'S OWN STOCK 11626 2678*<br />

1873*<br />

3433* 1542 1284*<br />

- .<br />

..<br />

.<br />

. .SELECTED INVESTMENT ITEMS1<br />

1475*<br />

-<br />

. . 398* -<br />

89 COST OF PROP. USED FCR INV. CR . 61631 1131* 3585<br />

90 INVESTMENT QUALIFIED FOR CREDIT<br />

3259 11418 9126<br />

46441<br />

14706 17070<br />

1131* 994* 342<br />

91 TENTATIVE INVESTMENT CREDIT<br />

2896 2663 10344<br />

2998<br />

6546<br />

80*<br />

12304 9292 934* 331<br />

92 INVESTMENT CREDIT CARRYFORWARD•<br />

170 126 607<br />

3382<br />

430 852 643<br />

42<br />

67*<br />

83 567<br />

23<br />

93 UNUSED INVESTMENT CREDIT 706<br />

3382<br />

1168 816 ....<br />

■<br />

■<br />

84 44 657 663 1229 694 11* -<br />

FOOTNOTES AT BEGINNING AND END OF FILM<br />

U. S. TREASURY DEPARTMENT INTERNAL REVENUE SERVICE<br />

S

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